Sonda IPO To Raise Up To $230 Million

Sonda IPO To Raise Up To $230 Million

Equity

Chile's largest systems information provider, Sonda, is expected to raise between $200 million and $230 million when it launches its eagerly awaited IPO on the Santiago Stock Exchange this Friday. This will be the first IT company to list on the exchange and only the third local technology company in any Latin American market to go public. Sonda plans to issue 200 million shares, representing 26% of its stock. The company is hoping that up to 25% of the shares will be taken up by foreign investo

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